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J.P. Morgan launches muni derivatives site

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J.P. Morgan & Co., New York, launched a municipal derivatives Web site aimed at financial advisers and regional muni bond brokers. The site (www.muniderivatives.com), is intended to be an educational source on derivatives, which are enormously complex financial products. The site has, among other things, interactive workshops; it comes several months after J.P. Morgan introduced LabMorgan, an e-finance unit.
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